Scammer Can affect the ETH price.

[laredo7mm]

Of course the effects of scammers really make the market influential to be able to go up or down because they certainly have an influence on the cryptocurrency community. especially if the funds they get from fraud are very large

[veekky]

Scammers can affect price and it is called like manipulation, yeah?
But what about whales dumping their coins, is it a scam or not? I don't think so

[andor.gellenhidi]

Let's think together if a scam project collects for example 100.000 ETH which will then be sold for BTC or another coin. After all, this will hit the ETH prices very hard. This is an obvious fact.

[monster2]

Yes it can because once investors are being scammed they let it spread so some are afraid to buy or invest ETH, so if no investments the price of eth is very affected because of lack of investment.

[HanaTenun]

Yes it can because once investors are being scammed they let it spread so some are afraid to buy or invest ETH, so if no investments the price of eth is very affected because of lack of investment.

maybe that's true. because the demand for ethereum will be greatly reduced. or precisely because traders also choose to hold their ethereum instead of trading with altcoin or the newly released ico token.

[malekbaba]

The statement is truth. No doubt. Price falls if someone sells large quantities and fill buy orders at once. Scammers collect funds from investors. And once they get btc/eth, they just dump the price. And most dangerous thing is, they repeat the process. Hence arise the question of ICO regulation, KYC and product registration

[leetcoiner]

The statement is truth. No doubt. Price falls if someone sells large quantities and fill buy orders at once. Scammers collect funds from investors. And once they get btc/eth, they just dump the price. And most dangerous thing is, they repeat the process. Hence arise the question of ICO regulation, KYC and product registration

You are right there is a process of retaining development on new projects in the field of cryptocurrency. When low prices on Ethereum is small, who wants to invest in new projects.

[BartS]

Why an investor will be impressed without a solid project. If you do enough research, no one can deceit you with a fake project. We should not inveat our money without proper research.

I agree with this, people keep investing in projects that have no future and have done nothing and yet they are asking millions of dollars, this needs to stop, we need to be more careful and to stop giving money to developers with nothing to show for except a website and a white paper, if we did that the number of scams will be reduced to almost zero and we will show all those scammers that we are not as dumb as they believe we are.

[Dellosoft]

You have a point here, some ICO teams sell off everything after the ICO to FIAT and it really affects ETH price. Vitalik didn't mean it this way, some bad guys are insulting the great works of Ethereum foundation which is very bad, nemesis will surely catch up with fake teams.

[daarul50]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

The statement above is true because since the ICO or smart contract project ETH prices have continued to decline. There have been many victims of investment fraud in the form of ICO projects and I think this should be an evaluation for ETH developers in the future.

[baigreen]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Of course. Scammers demolish this great coin. This is a big problem. But unfortunately, no one can solve it. Regulators are needed. And other controls that would be isbavitsya from such is the number of fraudsters. I think every blockchain friend has the same problem.

[Yutikas_11920]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Of course. Scammers demolish this great coin. This is a big problem. But unfortunately, no one can solve it. Regulators are needed. And other controls that would be isbavitsya from such is the number of fraudsters. I think every blockchain friend has the same problem.

if there are rules that are made, it might eliminate some properties from crypto, but regulations to reduce or eliminate scammers might be needed now because if there are no strong rules the scammer will still be there.

[Forbiddenone]

Scammer can affect the price when they have stolen big amount eth,small scammed money doesn't affect the price ,few years back when phishing link started spreading many investor fund was affected and mainly new traders but now as awareness is spreading it has decreased so much.mainly investors loose there fund  when they invest in scam ico's.

[a4illusionist]

Actually, Ethereum provides an easy to create tokens and with that scammers create a token for a very low fee and activate their plan. Alot of them run away with the money and they don't care what happens to ether or the community.

[TomiJerry]

Of course they can. If only in the list of fraudsters add all true professionals in the field of manipulating cryptography. First of all, these are large wealthy investors, owners of cryptographic funds and other major players from the banking sector.

[kakawin]

Actually, Ethereum provides an easy to create tokens and with that scammers create a token for a very low fee and activate their plan. Alot of them run away with the money and they don't care what happens to ether or the community.

The eth developers have created such a good platform for creating tokens that it became very simple. This took advantage of a large number of scammers. The role was played by the fact that at that moment there was a rise in the market and people lost their brains.

[Fumzy]

Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

This could actually be true seeing that majority of the scammers in crypto world are literate. So pulling off stuffs like that cannot be put past them

[pandanaran]

There is a lot of speculation about the fall of ETH lately and everyone is different because there are many sources that describe it. One example of a scamer Projects that use the ETH Base have an impact on the development of ETH itself, it is logical. Whatever the reason, the scammer must be stopped because it harms many parties. Cryptocurrency is being hit by a disaster, I hope to quickly recover the situation.

[motun01]

This is very true because a scammer would ideally not care about if the market is going up or coming down or fluctuating. the only thing a scammer will care about is selling off his I'll gotten tokens  as early as possible so considering over 90% of new blockchain project are coming and having their token sale on the ethereum blockchain, I believe the scams taken place among them also have the power to catch the eth price.

[louisBSAS]

ETH collapses not because of fraudsters, but because of the large number of tokens created in its blockchain network. When tokens began to fall in price, many investors began to change them to Ethereum and continue to sell it for dollars. It is this that primarily lowered the price of Ethereum. Also, developers receive investments primarily in Ethereum and then sell it in order to get money for the development of the project.